FDIC Certificate #: 34858 Status: Active Federal Reserve ID: 2722173 Date Established: September 08, 1998 WWW:http://www.bankersbanknortheast.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 61821 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: September 08, 1998 Last Structure Change Effective Date: December 11, 2006 Last Structure Change Process Date: July 30, 2007 Last Data Update: July 30, 2007 Data Source Date: April 05, 2012
Location
Address: 300 Winding Brook Drive, Glastonbury, CT 6033 County: Hartford Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Hartford Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Hartford, CT (#3280) Combined Statistical Area (CSA): Hartford-West Hartford-Willimantic, CT (#278) Core Based Statistical Area (CBSA): Hartford-West Hartford-East Hartford, CT (#25540) CBSA Metro Statistical Area: Hartford-West Hartford-East Hartford, CT (#25540)
History of Changes
Corrections
Change in Location
Financial Summary
Total assets: $109.6 mil Equity capital: $14.7 mil Deposits held in domestic offices: $87.3 mil Return on assets (ROA): 0.75% ($0.8 mil) Quarterly return on assets: 0.55% ($0.6 mil) Return on Equity (ROE): 5.73% ($0.9 mil) Quarterly return on equity: 4.35% ($0.7 mil) Net income: $0.8 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.22% ($1,336.7 mil) Quarterly Pretax return on assets: 0.89% ($975.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
28Total employees (full-time equivalent)
$109,562Total assets
$38,797Cash and due from depository institutions
$28,502Interest-bearing balances
$46,178Securities
$25Federal funds sold & reverse repurchase agreements
$21,612Net loans & leases
$626Loan loss allowance
$0Trading account assets
$159Bank premises and fixed assets
$0Other real estate owned
$211Goodwill and other intangibles
$109,562Life insurance assets
$2,580All other assets
$94,894Total liabilities and capital
$87,297Total liabilities
$0Total deposits
$87,297Interest-bearing deposits
$99Deposits held in domestic offices
6608.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$989Subordinated debt
$14,668All other liabilities
$14,668Total equity capital
$14,668Total bank equity capital
$1,509Perpetual preferred stock
$9,736Common stock
$0Surplus
$3,423Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$716Income earned, not collected on loans
$0Earning assets
$229Long-term assets (5+ years)
$96,317Average Assets, year-to-date
$15,605Average Assets, quarterly
$105,658Volatile liabilities
$114,079Insider loans
$32,991FHLB advances
$114,387Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,922Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,082Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,676Total interest income
$0Total interest expense
$2,676Net interest income
-$15Provision for loan and lease losses
$8,061Total noninterest income
$0Fiduciary activities
$738Service charges on deposit accounts
$0Trading account gains & fees
$7,323Additional noninterest income
$9,464Total noninterest expense
$2,725Salaries and employee benefits
$245Premises and equipment expense
$6,494Additional noninterest expense
$1,288Pre-tax net operating income
$0Securities gains (losses)
$499Applicable income taxes
$789Income before extraordinary items
$0Extraordinary gains - net
$789Net income attributable to bank
$0Net charge-offs
$789Cash dividends
$0Sale, conversion, retirement of capital stock, net
$112Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.77%Yield on earning assets
0.00%Cost of funding earning assets
2.77%Net interest margin
8.35%Noninterest income to earning assets
9.80%Noninterest expense to earning assets
0.75%Net operating income to assets
0.75%Return on assets (ROA)
1.22%Pretax return on assets
5.73%Return on equity (ROE)
4.91%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
88,144Assets per employee
3.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
14.20%Loss allowance to loans
2.82%Loss allowance to noncurrent loans
87.43%Noncurrent assets plus other real estate owned to assets
0.65%Noncurrent loans to loans
3.22%Net loans and leases to deposits
24.76%Net loans and leases to core deposits
24.76%Equity capital to assets
13.39%Core capital (leverage) ratio
12.17%Tier 1 risk-based capital ratio
42.20%Total risk-based capital ratio
Memoranda
$43Average assets
$105,658Average earning assets
$13,776Average equity
$96,558Average loans
List of branches
1 Connecticut Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
61821
Bankers' Bank, Northeast
300 Winding Brook Drive, Glastonbury, CT 6033
September 08, 1998
Full Service Brick and Mortar
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